Peak Oil -- Called Again

Once more from The Oil Drum, Peak Oil called for 60% of the world's producers. At this point I fail to see how we can expect any fossil fuels we dredge up out of the Arctic, Canada, or elsewhere to compensate for the ongoing decline in the clear majority of producing countries.Gail the Actuary makes a pertinent point here. The Reader's Digest condensed version:But credit can only keep expanding